Land tax relief for landlords
The Victorian, New South Wales and Queensland governments have each announced land tax relief measures for eligible landlords impacted by COVID-19.
Decoding your land tax assessment notice 2020
Land tax assessment notices for 2020 will soon be issued by State Revenue Office Victoria. Confirm the amount payable is appropriate to your circumstances by accessing your downloadable how-to guide to decoding your assessment notice. Download the guide
Vacant Residential Land Tax: Developers beware
Developers with residential projects in inner and middle Melbourne that are undergoing lengthy construction periods should consider the application of the VRLT to their projects, especially where the land was residential in nature before construction commenced.
NSW Government land tax compliance project and amnesty
The New South Wales Government is cracking down on land tax compliance. Revenue NSW has offered an amnesty period for land owners to voluntarily disclose any non-compliance without incurring an additional penalty on top of their outstanding land tax liability.
Changes to Victoria’s land tax primary production exemption
The Victorian Government has introduced changes to Land Tax Act 2005 (LTA) in the State Taxation Acts Further Amendment Bill 2019 which amends the primary production land (PPL) exemption in section 67 of the LTA.